The problems of globalization are intensely debated, and many reports have been published detailing those problems. This book, however, is different. As I began working on the text, I bore in mind that it is always easier to mobilize society against something than for something. I have therefore sought to put forward a constructive agenda that international civil society can support and the governments of the world can implement. Toward that end, my book offers a viable program for the reform of our existing international financial and trade institutions and the creation of new ones. It will not cure all the ills of globalization—nothing will—but it should help to make the world a better place. What concerns me, and motivated me to write this book, is the fact that an unwitting alliance has emerged between anti-globalization activists on the left and market fundamentalists on the right. They make strange bedfellows but between them they threaten to destroy or weaken our existing international financial and trade institutions. We need to form a different coalition whose mission is to reform and strengthen our international institutions and create new ones where necessary in order to address the social concerns that have fueled the current discontent. I believe I have some unusual qualifications for embarking on this project. I have been a successful practitioner in global financial markets, giving me an insider's view on how they operate. I am often told that there is a contradiction between profiting from global financial markets and trying to reform them. I do not see it. I am passionately interested in improving the system that has allowed me to be successful so that it will become more equitable and more enduring. I have been actively engaged in trying to correct the defects of globalization for more than twenty years, through a network of foundations that I have set up devoted to the concept of open society. This book is the natural outgrowth of that engagement. Finally let me say, in the context of recent tragic and dangerous events, it is worth noting that the Bretton Woods Conference took place in July 1944, more than nine months before V-E Day. Even in the heat of battle, the leaders of the Allied powers of World War II recognized that military victory would not be enough. A durable peace could only be secured if the economic failures of the inter-war years were also addressed. They understood, as well, that preventing future breakdowns of the financial system and of world trade would require a concerted international effort. I hope that the leaders of the war against terrorism today will have the same bold vision. |
ISBN 978-1-58648-125-4 Pub date: 02/15/02 Price: $20.00/29.95 Canada 5-3/16 X 7-5/8 208 pages Charts Carton Quantity: 24 Business, Current Events Selling Territory: WORLD EXCL. UK AND EUROPEAN UNION Rights: First Serial, British Commonwealth, Translation, Audio & Electronic Rights: PublicAffairs Performance Rights: Author
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